If You Sell in March a Bond Future Contract for 115

question 56

Multiple Choice

If you sell in March a bond future contract for 115 that matures on June 30 of the same year, and at the maturity date the same future sells for 110, you have a ________ of $________.

• A) loss; 5000
• B) loss; 5
• C) profit; 5000
• D) profit; 5

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Definitions:

Median Value

The middle number in a sorted list of numbers, effectively separating the higher half from the lower half.

Central Values

Fundamental beliefs or principles that are widely held or given primary importance in a society.

Entire Class

Refers to all members within a defined category or group, without exception.

Average

A statistical measure representing the central or typical value in a set of data, calculated as the sum divided by the count of numbers.